RSI Double Filter (2x Levels)Abdi wrote: Thu Mar 28, 2024 11:32 pm Hi, Kvak.
Hope you are doing fine?
Just wanted to ask if you had time to look in to the small modification i was suggesting in the post above?
Hello.
Is this what you want?
To recap, this custom RSI has the following options:
- MA "Filter" (On Price)
- The option to filter:
Trend momentum (cross signals)- Price above MA filter = Will signal only on RSI cross's overbought area
- Price below MA filter = Will signal only on RSI cross's oversold area
- ie: price is above the 200 ema and the rsi crosses above the 70 level. Arrow below the candle
- Price above MA filter = Will signal only when RSI exits the oversold area
- Price below MA filter = Will signal only when RSI exits the overbought area
- ie: price is above the 200 ema and the rsi crossed below the 30 level and is now exiting the 30 level. Arrow below the candle
- MA is displayed as small histogram
- Updated averages method and RSI pack
